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Maros Sefcovic

Maros Sefcovic

China’s exports jump 36% in September, putting record trade surplus in reach
Business News

China’s exports jump 36% in September, putting record trade surplus in reach

China's trade surplus with the rest of the world is growing faster than expected. In September, the country's exports rose 36 percent compared with the same month last year
EU-Covers Deal Caps Chinese Hybrid Car Imports at 350,000 a Year for Four Years
Business News

EU-Covers Deal Caps Chinese Hybrid Car Imports at 350,000 a Year for Four Years

China's exports of hybrid cars to the EU will be capped at 350,000 a year under an agreement reached in Beijing last week.
EU and China Reach Agreement on Hybrid Car Exports, Trade Commissioner Says
Business News

EU and China Reach Agreement on Hybrid Car Exports, Trade Commissioner Says

The EU and China have reached an agreement on hybrid cars. This could reduce China’s exports by more than half, says EU Trade Commissioner Maroš Šefčovič
EU Trade Commissioner Seeks to Address Unsustainable Trade Deficit With China
Business News

EU Trade Commissioner Seeks to Address Unsustainable Trade Deficit With China

The EU's trade deficit with China is unsustainable, says Trade Commissioner Maros Sefcovic in a post on X.
EU Weighs Import Limits on Chinese Hybrid Cars Amid Pressure on European Automakers
Business News

EU Weighs Import Limits on Chinese Hybrid Cars Amid Pressure on European Automakers

The EU is considering measures to limit imports of Chinese hybrid cars, Bloomberg reports.
EU and Philippines reach breakthrough in free trade talks
Business News

EU and Philippines reach breakthrough in free trade talks

The European Commission hopes to be on the road to another completed trade agreement - now with the Philippines.
EU asks China to voluntarily cap hybrid car exports to Europe, FT reports
Business News

EU asks China to voluntarily cap hybrid car exports to Europe, FT reports

The EU has asked China to voluntarily cap exports of so-called hybrid cars to Europe in a bid to avoid a trade war, the Financial Times reports, citing three sources.
EU trade deal with India ready for approval by member states
Business News

EU trade deal with India ready for approval by member states

The EU's trade agreement with India is now ready for approval by member states.
Europe Ready to Counter Trump's Tariff Threats with Strong Economic Stance
Business News

Europe Ready to Counter Trump's Tariff Threats with Strong Economic Stance

Europe has strong economic muscles and will give the USA a resolute answer to Donald Trump's new tariff threats, says Foreign Trade Minister Benjamin Dousa. If we don't get that they are actually ready to sit down for serious negotiations, then Europe will not back down
Trump Declines EU Trade Agreement Amid Tariff Dispute
Business NewsTop News

Trump Declines EU Trade Agreement Amid Tariff Dispute

USA's President Donald Trump says that he "does not seek a settlement" with the EU on tariffs. The EU's Trade Commissioner Maros Sefcovic writes on the other hand that the EU continues to seek an agreement with the US
EU Customs Dispute with Poland Delays Ukraine Trade Agreement
Business News

EU Customs Dispute with Poland Delays Ukraine Trade Agreement

War-torn Ukraine risks getting hit by a customs blow from the EU in a few weeks. The trade agreement signed with the country after the Russian attack in 2022 expires on June 5 – and Poland is slowing down the introduction of a new agreement
EU Urges USA to Show Interest in Trade Talks
Business News

EU Urges USA to Show Interest in Trade Talks

The USA must show its interest in making progress in trade discussions with the EU, urges the EU's Trade Commissioner Maros Sefcovic.
Trump Urges China to Initiate Trade Talks as Tensions Persist
Business News

Trump Urges China to Initiate Trade Talks as Tensions Persist

USA's President Donald Trump is urging China to contact him to initiate negotiations to resolve the escalating trade conflict between the world's two largest economies, reports Bloomberg. At the same time, the progress for the EU's part in the same matter is small, according to reports
The EU's Trade Chief to Washington
Business News

The EU's Trade Chief to Washington

EU and China Discuss Electric Car Tariff Agreement
Business News

EU and China Discuss Electric Car Tariff Agreement

In the wake of Donald Trump's tariffs, the EU and China have plans for closer economic cooperation.
EU Proposes Tariffs on US Sausage and Diamonds
Business News

EU Proposes Tariffs on US Sausage and Diamonds

The EU Commission proposes 25-percent tariffs on a large number of American goods, but not to the value previously announced. This according to a document that the news agency Reuters has taken part of
EU Prepares to Vote on Retaliatory Tariffs Against US on Wednesday
Business NewsTop News

EU Prepares to Vote on Retaliatory Tariffs Against US on Wednesday

The EU wants to negotiate with the USA – but is preparing for countermeasures. On Wednesday, a first list of retaliatory tariffs will be voted on
EU Trade Chief Sefcovic to Discuss US Tariffs on Friday
Business News

EU Trade Chief Sefcovic to Discuss US Tariffs on Friday

EU Trade Chief Heads to US for Crucial Talks on New Tariffs
Business News

EU Trade Chief Heads to US for Crucial Talks on New Tariffs

The EU's Trade Commissioner Maros Sefcovic is on his way to the USA to meet the US Trade Minister Howard Lutnick and the Trump administration's trade representative Jamieson Greer on Tuesday. The visit comes ahead of April 2, when the US President Donald Trump is expected to present even more tariffs
EU and USA in Trade Talks
Business News

EU and USA in Trade Talks

The EU and the USA are initiating direct talks regarding the looming trade war, according to the EU Commission.
EU to USA on trade war: "Need a partner"
Business NewsTop News

EU to USA on trade war: "Need a partner"

The EU responds quickly to the Trump administration's tariffs on steel and aluminum, but is also planning a second round of countermeasures. Meanwhile, the EU Commission is open to negotiations
Sweden's Trade Minister Hopes to Avert New US Tariffs on Steel
Business News

Sweden's Trade Minister Hopes to Avert New US Tariffs on Steel

On Wednesday next week, 25-percent US tariffs on steel and aluminium will be introduced – if President Donald Trump gets his way. And he has hinted at much more than that
EU wants to introduce "Temu tax" – H&M surges
Business News

EU wants to introduce "Temu tax" – H&M surges

Kallas and Costa - EU's New Stars
World News

Kallas and Costa - EU's New Stars

An Estonian foreign minister and a Portuguese top meeting general will be two of the EU's foremost faces outward until 2029. Kaja Kallas and António Costa kick off the new mandate period with a trip to Ukraine, and are two of the EU's new poster names to keep an eye on
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